update
-support for both default ie favourites location or custom location
-new folders can additionally be created by entering the desired name for the folder in the combo buffer
-support for saving directly in favourites folder(no subfolders) by clearing the comboxbox
-couple of bug fixes
-gui update

note:nt version supports unicode characters for both favourite link name or favourite folder, however they may not display properly in the kmeleon menu unless you have additional fonts/system-wide unicode support and setting the proper language in non-unicode porgrams under regional and locale settings

didn't think someone may have subfolders inside subfolders..i think it will be better to use a bookmark manager like gul in that case.

the problem is there's no proper way to track down all subfolders inside subfolders with listtoarray..the user may have like 5 different subfolders inside every subfolder inside every subfolder..there's no end to it and using file array is very unpractical for that.
the only way is an expandable treeview which the user controls..i'll see if i can implement it on the left side on the dialog..but if one is going togo through the trouble of a tree view, then might as well enable deleting the urls directly from the dialog..looks like it might turn into a favourites manager instead of a simple add dialog

Minor suggestion for the next time you update this very handy extension if ever.

When favoriting a link, the suggested name of the favorite is the current page's title. Since many links are external to the site, the link title or at least the domain of the link target seem to be better choices.